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10 sats \ 3 replies \ @freetx 9 Apr 2024 \ on: USD Ecash. Backed by Bitcoin. econ
| Least Risk | Greatest Risk | |||||
|---|---|---|---|---|---|---|
| BTC | LN | Ark/Mercury | Liquid | Fedimints | eCash | Bitcoin Bank/CEX |
For sure, you need to trust your mint. It's not a replacement for actual BTC.
Not too familiar with the middle ones other than LN, so can't comment much on the specific order you suggest here, but seems reasonable.
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I don’t know anyone using mercury
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Both Ark/Mecury (and there are other L2s) are mainly just prototypes at this point.
In reality BTC - LN - Liquid are best choices from a risk perspective.
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